Buffalo Gap 1 Wind Project
Negotiated Options for Site Acquisition, Leases and Easements for Project, Title Insurance and Debt and Equity Closing
- 5,100 acres, Nolan and Taylor County, 1.8 MW Vestas wind turbines
- 12 landowners – Greenfield – Direct Energy off-taker
- $174Million Non-Recourse Senior Debt Financing, Dexia, FC Energy Finance I, Halsey Street Investments, Northwestern Mutual Life Ins., New York Life Insurance and Annuity, Bankers Commercial Corp.
- Dominant Challenge – Project structure to accommodate future phases; ALTA Survey